(Reuters) – U.S. manufacturing conglomerate 3M Co <MMM.N> on Thursday reported a 39.3% fall in quarterly profit, hurt by a global slowdown in economic growth.
Net income attributable to 3M fell to $1.13 billion (£905.74 million), or $1.92 per share, in the second quarter ended June 30, from $1.86 billion, or $3.07 per share, a year earlier.
The maker of Post-it notes and Scotch tape earned $2.20 on an adjusted basis.
Net sales fell 2.6% to $8.2 billion.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)